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're talking about a second of the economy that is now vulnerable, because the web site did not work, and obamacare is built on what is a very, very faulty assumption, and presumption because of mandate, that young people will sign up for health care they don't need. these risks are very high. where are the republicans headed now, and what is the course you all will follow? >> we are going to continue to get to the bottom of this you point odd one major issue, the cyber security issue, as you heard, that you know we're concerned about that you know, therure americans who are managing to get on to web site at this point, at some time, they are vulnerable it cyber security issues. if you saw kathleen sebelius she looked like deer in the headlights but she could not answer those question. this thing is dying of self iinflicted ported mortal woundss go with something we know will work. lou: that is? >> american health care reform act, it covering these, and provides affordable healthy care, but it does not with the patient-centered approach in the free market. lou: and congress welcome
a job where they have decent insurance, that gets more to the economy side of things, which are not working well either. lou: this president, this administration seems content with the level of unemployment and under. am in this country, much as you know chronic, this is a president, as you go through his agenda, from the day he walked into office, obamacare, is his sig true law. -- signature law, here we are, with a mess that threatened lives, it threatens the economy, because as nancy pelosi said, if you want to read it you have to pass it, and i don't know that many people took her up on either the before or after. we have a pending disaster on our hands, don't we? >> it is right in our hands. you know there is a big difference between organizing a community of like-minded people, than leading a nation. or taking on a business proposal that pertains to 1/6 of the american economy if you never run a business, it is a shame, a disaster for the american people, we're a tough nation, we'll bounce back. but we need proper leadership if we're going to do it i look at one projec
of americans hungry, and potentially do some serious damage to our economy. economists have found out that, and projected that every dollar of s.n.a.p. spending generates $1.70 in the local economy and the economic activity in america. this will hurt the revenue of 250,000 grocery stores and supermarkets across the country that accept s.n.a.p. payments. it's a domino effect. once again, house republicans don't care about small businessowners, either. there's a lot of small grocers out there that certainly work with the food stamp program. and you know what? this is a scandal. no, it's not the irs. it's not benghazi. and it's not people losing their health care with these notices that are coming in. this is the scandal. this is the most kicking the least right in the teeth for no reason at all other than unmitigated greed. go back to ted kennedy on the senate floor in 2007. when does the greed stop? i'll answer you tonight. never. they are concerned. these people of faith are concerned about people who make less than $15,000 a year. they're the problem. they're able bodied, they're fat, sit
scare -- reform, in health care speech in texas, and talking about the economy on friday. in case anyone thought we were falling for that pivot thing, issue is, and remains obamacare. and the administration's ina bum to manage it or seemingly much of anything else, the know-nothing administration claims ignorance on the technology problems. your doctor too. obamacare joining a long list of administration scandals that are far from phony, of which president claims no awareness from "fast and furious," to 200 dead mexican citizens and one border patrol age brian terry to 4 dead americans in benghazi, to irs targets of conservatives, nsa spying justice department of journalists, now more than a month after its launch, obamacare train wreck has torn asunder the administration's diminishing credibility, fox news chief white house correspondent ed henry with the report. >> reporter: another week kicks off with new questions about the white house's credibility about the botched roll out of probe's healthy care law, as a former tom aid acknowledged there was a disagreement in the white house ove
and never checked back in. but, whether you start to look at the problem with our economy, right now. we have a articlefitial economy -- artificial economy it is important to get to the bottom of what is happening with the federal reserve. we cannot continue to print money to buy up our own debt. our government spending 25% of our gross domestic products. neil: here is where i disagree with you, i think, they are apples and oranges, janet gel en yellen is going to be running the federal reserve. but, that is nothing to do with benghazi. i think that it hurts republicans to use her nomination hearings as leverage to get answers on something else. you are right to be frustrated by the lack of response you are getting from the white house on benghazi. i don't believe that the yellen confirmation hearings are the venue. >> but neil, what is going to work with this administration, we have a president that lied to the american lead, even after he knew it was a terrorist attack. neil: fine, fine, you might agree with the route that the ted cruz and others took to shut down the government, and b
, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's not for colds, it's not for pain, it's just for sleep. because sleep is a beautiful thing™. zzzquil. the non-habit forming sleep-aid from the makers of nyquil®. ♪ gerri: twitter' ipo could raise more than $2 billion in regular filing. raising plans to sell shares from between assistant to $20 each, planning tning to 70 mills shares. twitter is plans to list the stock under ticker, twtr on new york stock exchange. starting as soon as thursday. >> and we have a panel here to answer question about some. managed mutual funds falling out of favor, calpers switching from managed funds to passive etfs, so far they love it. with us now, steve crowley, scott martin, and jamie cox. steve, what do you tell your kleins t
in this economy you have to create your own future, create your own job and your own fortune. what does it costs to get into your franchise got to buy a franchise? what can you expect overtime? >> right now up front 40 and 55 grand, whether they're buying or leasing. that is the up front franchise fee. once they're in it and on their own business and are controlling it you're looking at an average of 100,000 to 150,000 per year. melissa: you are saying that sales are over a million and you'll take, 100,000. >> and the market -- >> 150 if you work the track yourself. there are other people working it, so they're making less money. the first track of 150 because they are working it. melissa: what has been the hardest thing along the way? >> for us, just the growth. it after you go on a shark tank in all the success, so many opportunities. sometimes we get scatterbrained. the worst thing you can do is waste time. after we get on the show we have so many people that wanted to try our food all over the country. we opened up a distribution facility. now we ship product nationwide overnight short to do
includes possible loss of principal. dennis: peter: lori: starting the u.s. economy, hyperinflation is the answer, gerald driscoll's on the number one risk to the economy at the fomc kicks off its meeting. neil: below street is the source of strength for stumbling economy. housing, barbara corcoran joins us as august home prices at their strongest annual gain in seven years. lori: the not so jolly holiday shopping out look from analyst rick beamer as retail sales dropped for the first time in six months. adam: a risky bet for lloyd blankfein. an exclusive on what's the bank chief is quietly doing behind-the-scenes. adam: we are in rallying. lori: this head to the floor of the stock exchange to see what is cooking with nicole petallides. we have the s&p 500 hitting another record right now. >> if you are a bull out there, hoping for better and better return, the dow jones industrials up 93 points, covering 50 points away from all time highs, the nasdaq has turned back into the green and the s&p 500 another record day on wall street. traders as high as 1770 looking away from that. and
for the economy to improve and the situation to improve. i don't see it anytime soon. with that being the case sitting here in the s&p futures behind me opening up on a new record high again. stuart: thank you, i'm glad you dealt with that fast. the real action is elsewhere, it's not at the fed, it's on the big board and it's at apple. first of all, the big board. dow jones industrial average opening 11 points higher. 15,580. wait until we get going, you could see a bigger gain than that. apple, profits were lower and they made 7 1/2 billion dollars in 13 weeks. 33.8 million iphones shipped. 14 million ipads and look at the stock in the very, very early going. that thing is up 7 or $8. let me remind you, when those numbers, the profit numbers came out at 4:00 yesterday afternoon. the immediate reaction was the stock went down 15 to $20 per share and that's now been rethought and we're up $8. almost $9 at 538. shah galani is here and liz macdonald is here. first, shah, to you. apple looks like a terrific fourth quarter as they run up to the holiday period. they have he got interesting products.
difficult for the market. so i think we have to be careful in here. the economy is moving along, but it's kind of like a jalopy. swerving all over the road. moving slowly, still moving forward. >> one of the big stories of the day, rick santelli, was the backup in yield. tell us what happened in the market today. >> it really was more yesterday than today. even though we've held it. if you look at a two day chart it really says it all. yesterday after the statement, we dropped down to a 247 yield. a very significant technical level. 38% retracement of the move in rates which monitored 136 basis points from may to september. having that hold and basically settling up at 2.55, i think is significant. if you look at the month of october from the vantage point of treasuries, 10-year note yields the last day in september were 2.61. we've only shaved off basically a handful of basis points. the big story is, you need to factor this in, is that europe went from the disaster to stabilization. but do we get overly optimistic? 12.2 unemployment in the ing aggregate eurozone. maybe a week from tod
and there was no reason. >> think about what the economy was doing in 1999. the u.s. was coming off a period where we had reasonably strong economic growth, the unemployment rate was probably below 5%. it's not necessarily the behavior of the market necessarily, even though there are signs of consistency, it's more the fact we've still got the unemployment rate up above 7% and there's a sense the economy is just not clicking. >> i think it's poetic, that the money section in "usa today" "is the fed inflating a stock bubble," just as we're finally getting to a tapering -- did you hear plosser today? >> saying he wants to cap the signs of the balance sheet. >> he wants a number on the balance sheet. we're back to that. >> well, look, i don't know. i know too many people who own stocks and they're actually happy that they made money. i can't begrudge them. it's been a great time. the fed wanted the wealth effect to come up. all i can say is what has congress done to help the economy. what has the president done? they can't even build a bridge these guys. >> that's why the fed's the only game in town. >> the
was targeting housing as one of its ways to restart the economy. housing is not working anymore. i understand why they needed to keep it up. i think that the confidence was really hurt by the budget talks. >> the international companies that we trade, not hurt. europe, once again, pmi over in europe, so good, talking about ireland, spain, italy turning. those were the three. >> if portugal turns, holy cow. >> ireland has 5 million people in it. italy is a little more important. remember the big market. >> speaking of the bond market, people still watching the ten-year at 2.6. >> it has been argued if it does go higher, at what point can you say the fed has lost control, in the bond market. >> there was a huge gap, between 3 and 2.5. people expect 2.99. if you watch stocks like home depot, they rallied as rates came back down. that will be my canary in the coal mine if home depot starts going down. the housing stocks have all just floundered here. >> we are going to get there, time warner cable, of course. kellogg out today cutting 7% of their global workforce. >> you know what's a shame? the
. the chicago pmi number really strong. huge upside surprise. maybe the economy is a little bit stronger if we see a follow through with the national isn tomorrow suggesting a taper may be sooner rather than later. we also have a talk about facebook shares. this is up 18% after the hours. soft this morning. investors are concentrating on choosing younger teens back in school not using facebook as much. also facebook is not increasing the frequency of it as they show the users. some analysts comments. i see one downgrade, at least 12 brokerages are raising their price targets on the stock of the same time. 7250. back to you. connell: now let's get to these numbers on the president. president obama's job approval has dropped to an all-time low. 42% of americans approve, 41% disapprove. dagen: monica crowley fox news exhibitor and host, where does it go now that he has kind of been exposed for not telling the full truth about the health care law? review the over and over again for years. >> like your health care and your doctor, you can keep these things. now know it is not true. the "wall street
's troughing. >> any reflection on the industrial economy? >> you know kleinfeld. alcoa is up $1 since that call. 1.25. told you that trucks were a little bit hurting. eaton, sandy cutler said trucks are troughing. you knee what this makes me feel? makes me feel a little better about caterpillar. a lot of people where the gang couldn't shoot straight, i myself was kit call about it. cummings is a great company. it has a lot to do with mining trucks. mining trucks. but i'm not walking away from cummins, even if they tell me to! it's too great an american company. >> and get a chance to buy it cleaner today. >> all right. we're going to keep an eye on stocks, including what's coming up at the opening bell. ♪ [ male announcer ] staying warm and dry has never been our priority. our priority is, was and always will be serving you, the american people. so we improved priority mail flat rate to give you a more reliable way to ship. now with tracking up to eleven scans, specified delivery dates, and free insurance up to $50 all for the same low rate. [ woman ] we are the united states postal
for our economy, faith, and security. he argues it would be good for republicans to get the immigration issue behind him. joining us now, a former congressional budget office director, president of the american action forum. great to have you with us. you guys picked a heck of a day for your event. >> nothing else going on. lou: nothing at all. why the likes of zucker burger, microsoft, the u.s. chamber, the national association of manufacturers getting together to push for amnesty? >> well, i think the word amnesty trivializes the complexity. 79 percent of self identified tea party voters in the republican primaries favor an errant pass the legal status. paying fines, back taxes, learning english. there must be a lot of policy options between that which is favored by the conservatives and your amnesty. and the base is broader yet, not just about legal status but the things that i care deeply about, pro-growth policies, having an economy that performs a 20th-century standards in the 21st century which is why you saw some of those people there. we have temporary worker problems, core vis
to be a given. then, the fed showed to be pressed because the economy slowed down. the next thing you now, did you see the housing stocks last week. they were on fire. a couple of notes from home depot doing very well. gasoline, let's not underestimate the power of gasoline going down. it is kind of remarkable. a lot of good things happening away from congress, the president. i always have to say both. >> the further you get away from it, probably the better things are happening. >> let's talk about merck, excluding items that are 92 cents a share. that was ahead of wall street's forecast. revenues missed as sales of merck's diabetes drug fell. they were hurt by patent ex per rig ri expirations. i look at a note and he was questioni questioning these jenuvia franchise groeth. they believe there was a $60 million wholesale or inventor work done in the quarter. the corrective demand was probably close to 762 million with the prescription trends. >> i live in summit, new jersey. we have all been trying to figure out what the heck happened with that. $9 million taxpayer, huge amount of summit's bu
important than getting things right in washington. affordable care, we're talking about 1/5 of our economy. certainly there are other important issues and we're working on those. we're having to subpoena documents, get documents from contractors because the secretary and the president won't cooperate, yeah, it will occupy a lot of my birthday but it is worthwhile for the american people. jenna: we understand that you subpoenaed those documents from the health and human services secretary kathleen sebelius. we look forward to checking back in with you. thanks for spending part of your day with us. >> thank you, jenna. jon: for more on the political fallout on all this, i'm joined by monica crowley a familiar face here and fox news contribute to, author of the what the bleep just happened. with us simon rosenberg, former clinton advisor and president and founder of ndn. simon, what about it? six people on the first day, at least according to those notes from the rollout in the war room there? is this, do you fear this is going to be damaging to either your president or your party? >> no beca
and goblins, but it is the economy that's spooking people this year. on the consumer watch, julie watts explains why spending is down and what it's going to mean for the holiday. >> wear wolves, sexy pirates, there are plenty of costumes to choose from. there just aren't as many customers in line as there were this time last year. >> come back see us again. happy halloween. >> michael ellis say missof the customers they do have are spending less recycling old costumes. >> this year we have let more people than last year. people looking for a wig or particular makeup. redoing the costumes they had last year so delay need accessories to make it new. >> the national retail federation estimates americans will spend about a billion dollars less that year. >> consumers are not in a very party-oriented mood. >> our consumer psychologist says lower halloween sales are a good indicator that the all- important holiday sale will fall a bit lack, too. >> it shows us consumers are not motivated. they are a little bit wary and guard. >> she says from the government shut down to the bay area ma care f
on the economy than the government shutdown and you say? >> the truth is the shutdown was a one-time hit. obamacare may be with us longer and the impact may be a lot more long lasting and it may be much harder to identify. i mean, we're going to be able to, i think, have a good idea how much the shutdown took out of fourth quarter gdp. it's going to be very hard to clearly identify what the drag will be from obamacare and that makes it much more sneaky. you know? we think that perhaps it will undermine employment, but it will hard to point to any specific measure and as i said, that makes it more stealth. >> i like to start out a contentious program with disagreement on two key issues, the federal reserve and obamacare. >> it's out of frustration, thanks, stuart. stuart: bill harris is with us, former ceo of paypal. do you want to say anything about the abomination of obamacare? >> yeah, let's go at it. i'm a small business owner, i don't feel it's a problem at all and neither do the other small business owners that i'm familiar with. stuart: obamacare is not a problem for you. >> no. st
through employer, and that means that we are putting more downward pressure on the economy. gerri: okay. i want to show you a couple at the folks from kaiser. 80 percent of americans rate federal implementation of obamacare negatively. 80 percent. 80 percent say it is not going well. westwood. >> well, that means that only 20 percent of americans are diluted enough to think that things are going okay in spite of the obvious facts. damaging to the president felt damaging to the democrats. in the next election, the midterm election next year are likely to see a uphill struggle unless a miracle occurs and they solve their problems very, very quickly. gerri: more importantly a disaster for individual americans who might never thought they could get some good deal on the exchange. thank you for coming on. appreciate your time. >> thanks. gerri: but obamacare is dismal start is not going to stop the embattled health and human services secretary gates to from touting it. hitting the road again, this time in memphis,ennessee. >> reporter: good evening. hhs secretary kathleen sebelius and the obama
economy is in rural california are basically dependent on ranching, farming, timber, hunting, fishing, and every time we make bureaucratic decisions that impact that, we destroy the economies of the north of the state. >> reporter: this isn't their first try. people in northern california and southern oregon tried breaking away once before in 1941, even setting up roadblocks on the borders of a state of jefferson, it fizzled out with the beginning of world war ii. >> and it turns out that breaking away from one state to form a new one is as old as the united states. beginning in 1776, when the colony of delaware broke from pennsylvania, maine was once part of massachusetts, west virginia and kentucky were once part of virginia, and tennessee was a break away from north carolina. and, of course, much of the south seceded and called itself a separate country until it was defeated in the civil war. secessionist by tradition it is almost like thanksgiving, thanksgiving stays and secession comes and goes. >> douglas brinkley is a professor of history at rice university in houston, and a cb
after the seller reserves as a the u.s. economy still needed help from the stimulus program. the dow jones was down 61. the nasdaq lost 21. the s&p 500 fell eight. opening bell today is as 6:30 a.m.. >> ford'bes released this list of the world's most powerful people for 2013. russian president vladmir putin took the top spot, knocking the president barack obama from the top spot to no. 2. pope france is among the newcomers to the list, landing at no. 4. german chancellor angela merkel is the only woman in the top 10. she came in at no. 5. forbes says the the ranking represents their scope of at the ruins and financial resources compared to their peers. resources compared to their peers. >> [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper ♪ the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. >> the time is 6:30 a.m.. four people injured after being attacked by two dogs and antioch. it happens just before 9:00 p.m. last night. a man was out walking his
morning. >> he was the embodiment of brazil's booming economy. he estimated his worth at $30 billion. his fortune would get bigger, much bigger. >> what do you think your net worth could become in the next years? >> $100 billion? >> you think so? >> yes. >> $100 billion? >> yes. >> where charlie was in 2010 he predicted he was going to be the richest man in the world. >> quite a view. >> when 60 minutes visited his palacious home in rio dejaneiro that same year he was just as brash about the future of his country. >> in the last 16 years, brazil put their act together. time for americans to wake up. >> now his investors are waking up to a nightmare. batista's business is collapsing and his fortune is gone. >> how do you lose $30 billion in a year? >> yeah. a few different ways. he borrowed a ton of money and he was overlever origined and when things started to go down his fortune went down and he had to pay back creditors. >> he uncovered the epic fall for the "new york times." >> he was the consummate salesman and it reminds you of a donald company. he put his name on
be a problem for the whole economy >> i look at everything monetarily. so the health care initiative, what we are running is that you we were promised to keep your old plan if you were an independent. but it shows a list of standard so that you would have to get yours dropped by the mandate and thus you will help pick up obama care which is more expensive. there has been this should equal better health care, but 150 to $300 in monthly expenses that will not go into home video games lamichael course will be a drain in on the economy. >> jacqueline: san francisco airport it was not that way this morning you could see lout low cloud cover to appear it high temperatures today were on the cooler side just as what we expected mainly in the low 60s but that was it in santa rosa. 63 in san rafael for our inland valleys and 65 livermore and antioch. now, right now temperatures are about the slain: not if you did degrees. 60 and concord and san jose it is on to beat a chilly night to night. the colder air that the system run down with it in the combination of those two things leaving to chile temperatu
republican after republican talking about cutting taxes, talking about growing the economy, but not reaching to of the folks of middle-class, marking -- working men and women. it is like the republican party has written another class exists >> i certainly agree in terms of making that contact with working families. the biggest jealous families face a virginia is economic opporunity, jobs. there are enormous loss of virginia verbal of leisurely judge of the members because there have been unemployed so long three they're focused on that. a big difference. i can explain my plan to grow jobs and cut taxes. he is proposing more government spending. $1,700 more per family. other than zero in this month on obamacare. there is a stark difference also. once again come his approach is bigger government and-smaller government. was the first of five obamacare. lou: you were the first one to sue on obamacare. >> right. lou: at the same time, is that an issue for virginia voters? we look at these numbers. we're talking about, you know, roughly 10 percent of the folks that are going to the polls, federal
province together, they make a driving force behind the world's fifth largest economy. they say pooling resources should entice more manufacturers. >> we could scale it up even more by being a regional player and compete with china in terms of manufacturing, with europe in terms of deploying. there is know national u.s. climate policy build and there is not one coming soon. they had to make their own policies. but today, several teamed up and these big names sure did talk a big game. >> simply put, i don't think it's too much to say that on the west coast we intend to design the future not to wreck it. many, steps need to be taken. as we tie together all these initiatives we begin to chip away at carbon emissions. >> reporter: if you read between the lines at today suppress conference t announcement was definitely an attempt to attract other western states who have been slow to this climate change. ryan takeo, kpix 5. >> the experts they california's cap and trade market has already made more than $1 billion in just about a year. those posed to these regulations have argued the regulati
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20,000 miles for a round trip ticket in economy class. black friday deals also coming early to amazon. two things you need to know. the e retailer for the first time will offer two deals every single day through december 22nd. p second an electronic holiday gift guide will showcase some of the tech ideas offering a new deal through the end of the year. back to you ladies. >>> lauren simonetti joining us. thank you very much. >> incredible images after a plane plunges to the ground. survivors frantically trying to rescue others in the spoeld smoldering debris. what authorities say caused the deadly crash. >> why decorative lights for the washington monument are turning off. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah >> brand new out of bolivia. a plane carrying 18 people crashed overnight and burst into flames killing 8. you can see people in the video frantically searching for sur rivers. the cause of the crash still unknown but the plane lan
, maybe the fed -- i don't know, the fed should taper, the economy is getting stronger. but then again, the health care is going to be a very big headwind, what we're about to listen to. did the republicans come together with the democrats while we were -- while they've been away? what were they doing? they playing golf together? no. are they having a brewski together or soda stream? no. they're not doing anything. i say bring on the fight, here we are as a network trying to say rise up. they're thinking sink down. ken langone said i'm a republican. what are you republicans doing? and the guy was like you tell me. i mean -- >> they hate each other. >> nothing's changed. >> what do you make of critics of the private sector who say this market is all about ibm adding 15d billion to their buyback, not investing in capex, not investing in human capital. >> i think they've lost their way. warren buffett, he always said don't buy tech. ibm, i don't want buyback. same with carl icahn and apple. i want growth. i want the growth that the industrials give us zuch want proper capital allocation.
the fed does taper, the economy will be good enough to deal with it. >> thanks, guys. happy halloween, everybody. be sure to join us tomorrow. "squawk on the street" begins right now. >>> happy halloween is right. good morning. welcome to street treat. i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. we have a revenue miss at visa, a rough conference call, a fed statement that some are calling surprisingly hawkish. we have a big show today packed with that and more. the 10-year yield is right around 2.51. and for the time being europe is mostly in the green over there our road map begins with facebook, smashing analyst comments. the cfo's comments about teens using the site is spooking investors. >> and a double dose of dow earnings. >> and we'll speak exclusively with the ceo kroeger in just a few minutes. >> investors were spooked when the cfo made comments about teens. >> usage of facebook among u.s. teens was stable from q 2 to q3 but we did see a decrease in daily users, specifically among younger teens. >> this is nothing new. they've been tal
accomplishments and said we reduced homicide by more than 25% year-to-date. oakland's overall economy is the strongest it's been in years. we have a $38 million reserve. >> leadership is not just about your accomplishments but actually it requires some humility on your part. >> reporter: the self-promotion did not sit well with climaco. the mayor never responded to her over the summer after she reached out to mayor quan several times even going to her office and leaving this book, containing pictures and stories of her son. she says all she wanted was assurance from the mayor something would be done to solve the case. >> nothing, just silence. >> reporter: she reminds mayor quan is results what matter not rhetoric and the result that she wants is justice for her son. in oakland, i'm da lin, kpix 5. >> oakland police say no arrests have been made in the homicide case. we tried to get a response from mayor quan. her office declined to comment >>> new details revealed tonight in an undercover fbi sting targeting one of the most powerful politicians in southern california. cbs reporter da
the mystery between the economy and halloween. >> candy sales always go up on halloween. >> people still try to treat in hurricane conditions and floods. >> you could all hershey's they have incredible starks over it for you. >> kobe that person that says kids are fact you are allowed to be fat one day of the year and that is on halloween. >> now time for the kron4 tech report with gabe slate. >> the person was pulled over in san diego for work wearing the global glasses. >> the head mounted display the latest posted a copy of the ticket. >> people are debating whether the global glasses should be worn while they are driving perry it >> big props to amazon they have made it easy and affordable to give to charity. >> amazons smile is a new web site created by amazon that allows you to cut down a 5% of your purchase to any charity that you choose. >> you could choose one of the charities spotlighted by amazon or pick your all my typing in the name in the search field. alignin >> by an item through amazon smile and shearson that you're the nation will be made to your favorite charity. alliant m
to be released this morning will give investors an indication about where the economy is headed. yesterday stocks ended lower after posting big gains for okay. the dow was down 73 but rose nearly 3% for the month. the nasdaq dipped 11 but climbed almost 4% in october. >>> a new study shows home ownership may lead to higher unemployment. the research conducted by a team from dartmouth university and warwick university in the uk shows the higher the rate of home ownership the higher unemployment but takes five years for the results to show up. one is that home ownership may deter people from moving in search of work. >>> walmart's online holiday shopping season kicks off early this year starting today. there are 7 deals on items like tvs and tablets that would normally be featured after thanksgiving. and on cyber monday. retailers are facing more pressure this holiday shopping season. it's six days shorter than 2012. and lay's is sweetening its potato chips. the nation's third largest snack maker frito-lay is expected to announce plans today to roll out its wavy potato chips dipped in milk chocolat
in the economy. that's above historical norms. eight million say they want a full-time job. the other 19 million claim they want to be part-time. some predict the b problem will spike when the law starts to penalize noncompliant employers. that won't happen until 2015 thanks to a decision by president obama who was pressed to delay the date by unions and by corporations. not only will some employers cut back on employee hours, some will will cancel their health care plans all together. opting to play the law as fined which can be a better bargain for a boss. >> we can't. it's too expensive. too much of a burden on it. it's frustrating. >> debbie and larry own a staffing agency in georgia. they now employ and insure 18 full-time workers. but the company manages hundreds of part-time staffers who do not have insurance. under obama care the couple must now insure all employees or pay a fine. they say it is cheaper just to pay the penalty which means their full-time employees are about to lose their insurance plan. >> essentially what they are going to do is lose coverage and have to go into the mar
greenhouse gas emissions from vehicles industrials sources. that the dealings together economies with a combined gdp of 2.8 trillion dollars, the fifth largest in the world. >> the island that ushered millions of immigrants and to the united states is about to resume receiving visitors for the first time since superstore sandy's search gushed in the new york harbor. >> of all the buildings of the ellis island immigration museum are due to reopen to the public today, almost one year after the storm. allied is what boyle as an electrical systems and left the 2.7 acre item without power for months. >> but the national park service note that much work still needs to be done. more than 1 million photographs and other artifacts remain in storage while buildings are fixed and upgraded perry it >> a fight over renewing the nation's farm bill has centered on cuts to the 80 billion of your food stamp program. >> but there could be unintended consequences if no agreement is reached--- milk prices. >> members of the house and senate are scheduled to begin long awaited negotiations on the fiv
is the problem with the president obama care at about the economy. >> yes. if you look at something monetarily. >> everything is about money. it, the health care what we are learning is that if you are an independent contractor you will do your own health care. and it is probably some standard to the old, health-care. so, the president obama healthcare would be more expensive. of course this will equal better health care but it also means another $300 out of an individual's pocket. it is not going to be going to video games. we are going to be taking money out of the economy and towards the government with president obama health care. >> we will be right back refe >> this new hot spot to san jose there is an accident 1 0 1 southbound just south of the guadeloupe overpass. it is blocking the two lanes is normally a delay-free, and problem-free but it is a number of hot spots that we are watching this morning. (male announcer): here's stanley roberts who found some people behaving badly. >> stanley: if you have time take a walk along the bay bridge trail you might notice a few things first off f
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life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. >>> back now at 7:49 with a mystery solved. the 49-year-old photo taken by ringo starr, we now know who was in it. carson has the story. >> good morning, guys. "today" exclusive. we told you last week about the story. in his new book, ringo starr has a photo he took in 1964. it's a group of high school students crammed into a car. "usa today" put the call out to help him find the teens in the picture and we talked about the story on "today" and we had responses flooding in and it turns out they were a group of students from fairlawn high school in new jersey. on the day the photo was taken, they had cut school and they were headed to the airport in a borrowed chevy impala to see the beatles. we're pleased to announce that we hav
looks at how it will affect families and the future of our economy. >>> no illusion mirrors are bringing light to a dark corner of norway. the town that's waking up to a new dawn. >>> neighbors say a hot sauce factory is bringing them nothing but pain. a look inside the home of sir siracha. >>> i'm accountable to you for fixing these problems. and i'm committed to earning your confidence back by fixing the site. >> right off the bat, secretary sebelius apologized. she brushed off calls for her to resign. >> they no longer deny the health care website was a mess. >> a new height for the dow. what's driving this? >> corporate america is in great shape. >> china's calling a car attack in tiananmen square an act of terrorism. >> the fact is they almost didn't make it out of st. louis. >> a marine veteran dies saving kids in a school shooting. his widow remembers his bravery. >> i knew exactly what he did. >> an american soldier reunited with the afghan translator who saved his life. >> did you ever think this was not going to happen? did you ever give up h
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of our economy. >>> it's no illusion mirrors are bringing light to a dark corner of norway. we'll visit a town that's waking up to a new dawn. >>> and neighbors say a hot sauce factory is bringing them nothing but pain. only on "cbs this morning," an inside look at the home of sriracha. but first this morning's "eye opener" at 8:00. >>> secretary sebelius was asked to testify last week but she didn't have time and the questions have only piled up. >> a new high for the dow. what's driving it. >> oh, my goodness. it's corporate america in great shape. >> media reports that china's falling apart near tiananmen square. an act of terrorism. >> reporter: the cardinals have to win tonight or they'll go home. last night it wasn't clear if they'd make it out of st. louis. >>> a marine veteran dies saving his schoolchildren. >>> an american soldier reunites with an afghan soldier who saved his life. >> reporter: did you ever think this was not going to happen? did you ever give up hope? >> i had a brother here fighting for me. >> i hope it's tock be a red sox fan an
schlesinger looks at how prices will affect families and the future of our economy. >>> it's no illusion, mirrors are bringing light to a dark corner of norway. we'll visit a town that's waking up to a new dawn. >>> and neighbors say a hot sauce factory is bringing them nothing but pain. only on "cbs this morning," an inside look at the home of sriracha. but first this morning's "eye opener" at 8:00. >>> secretary sebelius was asked to testify last week but she didn't have time and the questions have only piled up. >> a new high for the dow. what's driving it. >> oh, my goodness. it's corporate america in great shape. >> media reports that china's falling apart near tiananmen square. an act of terrorism. >> reporter: the cardinals have to win tonight or they'll go home. last night it wasn't clear if they'd make it out of st. louis. >>> a marine veteran dies saving his schoolchildren. >>> an american soldier reunites with an afghan soldier who saved his life. >> reporter: did you ever think this was not going to happen? did you ever give up hope? >> i had a brother here fighting for me. >
and the economy. that's why i'm supporting terry mcauliffe. "i'm terry mcauliffe, candidate for governor, and i sponsored this ad." i'm mark herring, candidate for sponsored this ad.nd i vo: this is what mark obenshain called a "common sense proposal." obenshain voted to force women to have a transvaginal ultrasound in order to have an abortion. called "intrusive," "medically unnecessary," and "government rape." the virginian-pilot said obenshain used the power of government to do something grotesque. and now he wants to be attorney general? mark obenshain: a real threat to virginia women. . >>> this halloween, ann reich is doing what she does best, writing from the dark side. she conjured up famous vanilla pires. michelle miller sat down with rice for an interview you'll oil seal. >> they're deeply devoted and now the daughter is planning to put down new roots in a place that started the legendary career. >> reporter: the queen has been back. >> i've been away too along. >> reporter: but the fans have been keeping her supernatural world alive. >> i thought they really know what matters. to gui
loose fuel economy requirements and only a small boost in employment. researchers say other programs like reducing payroll taxes would have done a lot more to promote job growth. americans traded in 700,000 clunkers during the program in 2009. a woman posts an angry letter to the thief who stole her bike. a good samaritan reads it instead. her bike was stolen while she was working. she wrote a book and taped it on a lamp post. the story of her note caught the attention of a man named bob curry who remembered how it felt to have his own bike stolen. curry and his daughter took her to a bike shop and bought her a new one. that is so unusual. wow. >> so nice though. >> a nice person. yeah. >> speaking of nice people. >> red a bedtime story. >> >> so funny you say that. >> a bowl of mush. >> rick and i -- i was thinking the same thing. hansel and gretel. >> across areas of the northeast, get ready for some changes. we have been very warmer to the last couple of days and here is how we are starting out. the rain is offshore. temps to the that bag along the coast. watch that rain there off
and appliances, because the economy is growing. but it's growing too slowly. now, the recent government shutdown, that slowed things down a bit more. the question is, will the federal reserve and its new incoming chairman, janet yellen, give us any clues about when the stimulus program may be scaled back because, josh, everyone on wall street thinks that's the primary driver of stocks continuing to climb. any clue we get today is going to move markets. >> we will be looking for clues. rebecca, thank you for that. >>> also, breaking news now. chinese authorities have arrested five people in connection with the explosion you see here. it was at beijing's tiananmen square on monday. a jeep crashed into a fwat. it burst into flames, killing five people in the process. china has called this an act of terror. >>> and the head of u.s. intelligence gathering says america routinely spies on government leaders, even its allies. facing criticism on capitol hill, james clapper told congress the practice is, in fact, common and, in fact, legal. he says other nations are spying on our leaders, as well. meanti
are 48,000 runners pouring more than $300 million into the economy. >> it's important this year, because of what happened last year. >> reporter: back are the elite athletes like med. in 2009, he became the first american to ring new york in more than two decade, and he's brought some perspective. >> you know, winning is not about first place. about getting the best out of yourself. >> reporter: back, too, are the millions raised for charity. even with the cancellation last year, runners raised more than $30 million for groups like back on my feet, which helps the homeless, karina's running for them. >> it shows the spirit of the marathon. it's incredible what people can overcome. >> reporter: in short, that's what the marathon's return has been all about, a whole city overcoming the worst and getting back to its best. one step at a time. tom foreman, cnn. >>> and he is an astronaut who reached new heights with the music video. that was out of this world, the so-called singing astronaut joining me live to talk about the newfound fame and life in outer space. of course, back on earth. i'm
and croats and chart a path toward their full participation in the economy and society. polls have shown clinton as the leading democratic contender for president in 2016 that if she decides to run. it sounds like the plot of a bad movie. >>mark: federal authority's say a malaysian businessman and nicknamed " fat leonard " obtained a u.s. military secrets by lining up hookers, lady gaga tickets and other bribes for a navy commander. the acquisitions unfold in a federal court case in san diego said no serious national security breaches and corruption. the case has set off high-level meetings at the pentagon, with the thread that more people including those of higher naval ranks could be swept up as the investigation continues. >>darya: the white house and the heads of the intelligence committees and conference are rejecting nsa liquor edward some of its plea for clemency. that would give him a lesser punishment if he would return to the west. officials say no offers are being discussed as noted should return to the u.s. and face charges. snowden, who has temporary asylum in russia made th
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